Luminate Bank
Chartered Bank Active FDIC Insured
Health Score
10.0 / 10
2523 South Wayzata Boulevard, Minneapolis, MN 55405
Financial Overview
Total Assets $517.3M
Total Deposits $421.0M
Profitability (ROA) 3.11%
Shareholder Return (ROE) 31.84%
Capital Cushion (Eq/Assets) 10.00%
Established 03/01/1937
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$210.5M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: luminate.bank
FDIC Certificate #: 16635
Specialization: Commercial Lending Specialization